About Gloebit

What is Gloebit?

Do you remember the joy of going to an arcade? You purchased a handful of tokens from a machine and then you ran from machine to machine spending them a few at a time here and there.

Gloebit is just like that token machine. Instead of arcade machines, you can use our tokens with products across the internet. Your Gloebit account is your secure digital piggy bank, holding your tokens until you use them.

Gloebit is a digital currency web service. Gloebit is “globe” + “bit”. Gloebit is one world, one marketplace, one currency.

What are gloebits?

Gloebits are the tokens in our system, the digital currency. Think of them like little digital coins.

You purchase gloebits from Gloebit. Then you can exchange them for goods or services within partner applications which have chosen to accept gloebits.

What’s great about gloebits?

Gloebit is on a mission to connect the world through a universal digital currency. Here are a few reasons why that’s great for you.

Trust and safety
Afraid to give your credit card details to that new game you want to try out? You don’t have to worry if they’re using Gloebit. We keep your payment information safe and you control their access to your Gloebit balance. They can never charge a payment method and you can revoke access to your gloebits with a click of your mouse.

Ease of use
When you use a partner application that accepts gloebits, you can link to your Gloebit account with two clicks. You immediately have access to your Gloebit balance within that application to use as you like. Don’t waste another minute searching for your wallet.

More payment options
By specializing as a service, we can focus on providing additional payment methods while our partners focus on bringing you better products.

All your information in one place
Ever have your credit card replaced and have to try to recall all the products in which you’ve saved it? If you’re using 20 of our partners’ applications, you only have to update that information at one location, ours. In addition, we store your transaction history and all the applications you’ve linked with your Gloebit account. Life is simpler this way.

Save money
We reduce the cost of transactions for our partners so that they can pass along those savings to you, their customer.

Freedom
When an application or platform creates its own digital currency, any tokens you buy are restricted to use there. Not so with Gloebit. If you get bored with one application, use your gloebits somewhere else.

Sounds awesome! How do I use gloebits?

When you use a partner application, you’ll be asked to link your Gloebit account to your account with that partner application. Authorize that link and you’ll be able to see your Gloebit balance and spend your gloebits from within that application.

What about products that aren’t partners consuming the Gloebit Service?

Hopefully they will eventually. It’s our goal to get everyone to accept gloebits.

You can help! Contact the products you use and ask them to integrate with Gloebit.

Who created Gloebit?

Mr. Kittenbrink has been a core technical member of two software acquisitions, co-founded a video game company, and worked on several large scale web systems. Prior to Gloebit, Brad worked as an engineer for Facebook which he joined through an acquisition of Parse, and at Linden Lab which he joined through an acquisition of Windward Mark Interactive, a video game company he cofounded and for which he led development. Brad has a BA in computer science from Harvard University

Seth Alves
Advisor and initial architect

Seth advises Gloebit and led the initial design and implementation of Gloebit.

Mr. Alves has nearly 20 years experience in software engineering and systems administration. Prior to Gloebit, Seth spent 7 years developing and administering cutting edge systems for Linden Lab’s Second Life Virtual World, most notably an OpenID authentication service providing access to millions of end-users, and the Second Life asset system, a high-traffic key/value store with 15 billion entries. Seth has also built email software for Ximian and Critical Path and provided IT consultant services to Silicon Graphics, SRI, and Charles Schwab.

Christopher M. Colosi
CEO

Christopher leads the business, product and marketing side of Gloebit.

Mr. Colosi has served as the effective federal reserve chair of digital economy the size of a small island nation. Prior to Gloebit, Christopher spent 5 years with Linden Lab, where he managed the $500M+/yr economy and $100M+/yr currency exchange and acquired and managed the virtual goods marketplace for the Second Life Virtual World. He joined Linden Lab through the acquisition of Windward Mark Interactive, a video game and graphics company he co-founded. Christopher has a B.A. in Computer Science from Harvard University.

Thanks
Many family, friends, advisors, investors and beta testers have been integral to Gloebit’s success. We’d especially like to thank Ronik for their amazing design work, WeWork for providing us with a community of like-minded and inspiring entrepreneurs, and all the OpenSimulator users and companies who were willing to experiment with a new product.